A New Tax System (Wine Equalisation Tax) Act 1999

Part 2 - Wine tax  

Division 9 - Taxable value  

Subdivision 9-C - Additions to taxable value  

9-75   9-75   Assessable dealing with wine in bond  


If a * taxable dealing happens while the wine is in bond or otherwise subject to customs control under the Customs Act 1901 , the * taxable value is * increased by the amount of * customs duty to which the wine would have been subject if it had been entered for home consumption under the Customs Act 1901 at the time of the taxable dealing.



This information is provided by CCH Australia Limited Link opens in new window. View the disclaimer and notice of copyright.